China RE evolution

Owner of real estate and investment agencies in China and Europe, Long Fang Hu, illustrates to idealista / news the actuality of the Chinese real estate market after the outbreak of the covid-19. Long Fang Hu explains that used house prices have fallen by 30% and that the pace of sales has fallen between 10% and 30% in January and February. However, in March there was a slight recovery in activity and the rental market remained almost stable.